Our Long History in Oil and Gas Financing The history and folklore of American oil and gas production is closely related to the history of Midland-Odessa. From the first traditional oil wells drilled in the Permian Basin in the 1920, to the wildcat era of the...

Buy PDP Now! Proven Developed Production (PDP) is the hot item this month in the oil and gas exploration industry. For non-oil and gas folks, PDP simply means the oil, natural gas, or natural gas liquids are coming out of the ground right now and their immediate...

When OPEC met last on November 30, 2016, the cartel reached a tentative agreement to reduce crude oil production by 1.2 million barrels a day. The optimism generated by the hope of that agreement drove the price of oil from the mid $40s to above $50 a barrel. That 18%...

Equity and Debt Financing for Existing Oil and Gas Production – A Hot Topic! The question is: To use equity or debt or a combination of the two? This question has the potential to bring a couple of oil and gas people to a fist-a-cuffs. People are that...